U.S. Interest-Rate Rise
Spurs Debate on China

BEIJING -- Now that the U.S. central bank has raised interest rates for the first time in four years, debate has begun to intensify over when -- or if -- China will follow suit.

China's central bank hasn't increased lending rates in nine years, but a resurgence of inflation this year after several years of falling prices has sparked policy arguments within the government and its think tanks.